Cadiz Inc. announced that it has entered into a Credit Agreement pursuant to which the Issuer borrowed fund in the form of convertible loan for the gross proceeds of $20,000,000 on March 6, 2024. The loan may be converted into common stock at a conversion price of $5.30 per share. The Issuer also issued 1,000,000 warrants to purchase common stock, exercisable at $5.00 per share.
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5-day change | 1st Jan Change | ||
2.34 USD | -2.09% | +4.00% | -16.43% |
1st Jan change | Capi. | |
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-16.43% | 158M | |
-2.45% | 25.08B | |
-23.77% | 3.62B | |
+14.37% | 2.56B | |
-.--% | 2.14B | |
-15.03% | 1.79B | |
-4.41% | 1.62B | |
-5.37% | 1.45B | |
+32.53% | 1.27B | |
-7.98% | 1.19B |
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- News Cadiz Inc.
- Cadiz Inc. announced that it has received $20 million in funding